debate :China ban trading platforms? bad or good thing?

[Islampower]

with the interchange of the exchangers in china, the bitcoin saw its short fall!
I think the market will recover
possibility of seeing the Chinese traders overbreak on poloniex or bittrex for example?
What do you think ?

[XbladeX]

with the interchange of the exchangers in china, the bitcoin saw its short fall!
I think the market will recover
possibility of seeing the Chinese traders overbreak on poloniex or bittrex for example?
What do you think ?

China is 1 300 000 000 potencial BTC buyers with FIAT so this news IS HUGE MATE.
Price of BTC is going up becouse fiat injection.
In order price to rise someone need to put money on BTC .
No fresh fiat no rapid BTC price up - price of btc is not 500$ so we can not eat that news easly.

[MoonIsBlue]

I don't really care it has it's positives and it's negatives. In the long term this current situation probably means nothing.
So it gives a good opportunity to buy low and accumulate coins.

[sylance]

I just want China to do it's thing and get it over with.  I suspect those in power in China are loving all this; they get to see what their decisions do to wealth across the globe and love the power they feel.  One statement erases over a quarter of wealth for those in bitcoin.

I do agree though... long term this is just a blip.  Hold and buy during these crazy times.